£226,917
This estimated value is based upon the latest sale price for the house of £228,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 10 Mar 2023 |
| £153,000 | 2 May 2014 |
| £125,000 | 12 Feb 2004 |
| £51,000 | 7 Apr 1997 |
| Terraced |
| Leasehold |
| Floor Area: 151 sq meters or 1,625 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in March 2023 the House Price Index for LANCASHIRE was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £228,000 results in an estimated price of approximately £226,917.
| 10 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £228,000 | £-1,082 | £226,917 |
The Postcode Pricing Model uses changes in average sales price within the FY8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.124 % | £16,243 | £244,243 |
| 3 Month Average | 8.138 % | £18,555 | £246,555 |
| 6 Month Average | 17.487 % | £39,870 | £267,870 |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 1 Jul 2021.
The average size of a house on SPRINGFIELD ROAD is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Springfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Springfield Road |